Capital Area Asset Building
TO CREATE OPPORTUNITIES FOR LOW- AND MODERATE-INCOME INDIVIDUALS IN THE GREATER DC REGION TO BUILD FINANCIAL SECURITY, SAVINGS, AND WEALTH FOR THE FUTURE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
-82.0% YoY
Annual Giving
$25K
-61.5% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$25K
-23.1% YoY
About Capital Area Asset Building
Based on IRS filings
Capital Area Asset Building is a nonprofit organization focused on Community Improvement & Capacity Building, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 1 grants totaling $25K. Net investment income was $67K.
Focus Areas
Ready to take the next step with Capital Area Asset Building?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,474,274 | $19,254,357 | $9,210,791 |
| Revenue | $2,179,542 | $3,000,582 | $3,549,789 |
| Expenses | $3,444,356 | $3,764,655 | $2,597,779 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $66,906 | $39,978 | $2,648 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Catholic Charities ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CATHOLIC CHARITIES WASHINGTON, DC | DC EITC PROGRAM | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH LEITMANN-SANTA CRUZ | EXECUTIVE DIRECTOR THROUGH JUNE 2024 | 40 | $131,627 |
| KATHRYN STEPHENS | INTERIM EXECUTIVE DIRECTOR FROM JULY 2024 | 40 | $92,500 |
| NICOLE JONES | DIRECTOR OF MATCH SAVINGS | 40 | $108,762 |
| JOSEPH VAUGHAN | PRESIDENT | 4 | — |
| GAIL REISMAN | SECRETARY | 4 | — |
| WILLIAM SPINNELL | TREASURER | 4 | — |
| GABRIEL LAZARUS | DIRECTOR | 1 | — |
| SHEIDA ELMI | DIRECTOR | 1 | — |
| MICHELLE LEVISTER | DIRECTOR | 1 | — |
| SHAE HARRIS | DIRECTOR | 1 | — |
| PAUL HARRIS JR | DIRECTOR | 1 | — |
| RYAN PALMER | DIRECTOR | 1 | — |
| WAYNE CHOPUS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Capital Area Asset Building?
Capital Area Asset Building is a nonprofit organization focused on Community Improvement & Capacity Building, based in WASHINGTON, DC. It holds $3.5M in total assets as of 2024.
How large is Capital Area Asset Building?
As of 2024, Capital Area Asset Building holds $3.5M in total assets with $2.2M in annual revenue. It awarded 1 grants totaling $25K in 2024.
Where does Capital Area Asset Building operate?
Capital Area Asset Building has awarded grants in District of Columbia.
What size grants does Capital Area Asset Building award?
In 2024, Capital Area Asset Building awarded 1 grants totaling $25K — an average of about $25K per grant, based on its IRS Form 990 filings.
What is Capital Area Asset Building's EIN?
Capital Area Asset Building's EIN (Employer Identification Number) is 52-2002672. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Capital Area Asset Building's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Network for Good
WASHINGTON, DC
Assets
$96.2M
Grants
4,733
Total Given
$216.2M
Greater Washington Community Foundation
WASHINGTON, DC
Assets
$530.9M
Grants
1,163
Total Given
$83.7M
United Way of the National Capital Area
VIENNA, VA
Assets
$52.0M
Grants
219
Total Given
$9.6M
Eqt Foundation
CANONSBURG, PA
Assets
$26.2M
Grants
367
Total Given
$6.3M
Richard a & James F Corroon
WILMINGTON, DE
Assets
$2.0M
Grants
43
Total Given
$92K
The Deeds Foundation
NEW YORK, NY
Assets
$4.3M
Grants
41
Total Given
$426K
The Weglicki Family Foundation
BALTIMORE, MD
Assets
$1.4M
Grants
30
Total Given
$141K
Threshold Coc
OMAHA, NE
Assets
$6.2M
Grants
14
Total Given
$3.4M
Alpern Family Foundation Inc
HUNTINGTON STATION, NY
Assets
$12.1M
Grants
71
Total Given
$768K
8187770 the Eggleston Foundation
VESTAL, NY
Assets
$635K
Grants
49
Total Given
$126K
The Meade Foundation Inc
HAMMONDSPORT, NY
Assets
$7.3M
Grants
24
Total Given
$645K
Davis Love III Foundation
ST SIMONS ISLAND, GA
Assets
$6.2M
Grants
61
Total Given
$865K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Capital Area Asset Building on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities